The Wall Street Journal-20080111-Treasury Sale on Monday
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Treasury Sale on Monday
Full Text (94 words)
WASHINGTON -- The Treasury plans to raise $7 billion in new cash with the sale Monday of about $38 billion in short-term bills to redeem $31 billion in maturing bills.
The offering will be divided between $20 billion in 13-week and $18 billion in 26-week bills maturing April 17, 2008, and July 17, 2008, respectively.
The Cusip number for the three-month bills is 912795D81, and for the six-month bills is 912795F55. Noncompetitive tenders for the bills, available in minimum $1,000 denominations, must be received by noon EST Monday, and competitive tenders by 1 p.m.
